Frontier Group Holdings

Frontier Group Holdings, Inc. engages in the operation of passenger airline. It offers flights throughout the United States and selected international destinations in the Americas. The company was founded on September 2013 and is headquartered in Denver, CO.

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Frontier Group Holdings reports robust Q4 performance amidst operational challenges

Frontier Group Holdings showcased strong financial performance and strategic focus on cost management and revenue diversification. While facing challenges like aircraft and Airbus delays, the company is leveraging opportunities in cost reduction and operational efficiency to drive growth and profitability.

Frontier Group Holdings beats Q1 expectations, eyes growth opportunities

Frontier Group Holdings exceeded expectations in Q1 with strong revenue and margin performance.
The company's focus on leisure travel, product innovation, and network optimization bodes well for future growth.
While facing challenges like Airbus delays and mechanic shortages, Frontier remains confident in its strategic plans.
Opportunities lie in cost efficiencies, potential partnerships, and workforce recruitment efforts for sustained growth.

Frontier Group Holdings reports strong Q2 performance amidst operational challenges

Frontier Group Holdings navigated a strong quarter with impressive capacity growth and revenue per passenger metrics. Despite operational challenges and external factors impacting margins, the company remains focused on growth and cost efficiency. Strategic capacity adjustments and network management are key to sustaining revenue and improving margins.

Frontier Group Holdings addresses challenges, eyes growth in underserved markets

Frontier Group Holdings navigated challenges in Q3, focusing on cost efficiencies and operational improvements for future growth.
Strategic initiatives to enhance reliability, reduce costs, and target underserved markets position the company for long-term success.
Despite setbacks, the company remains committed to providing low-cost, high-value services and aims for sustained profitability.

Frontier Group Holdings surpasses Q4 expectations, eyes growth strategies

Frontier Group Holdings' Q4 performance exceeded expectations, with a focus on margin improvement and operational efficiency. Strategic initiatives to address challenges and capitalize on opportunities position the company for growth in 2024 and beyond.

Frontier Group Holdings exceeds Q1 expectations, eyes operational efficiency

Frontier Group Holdings delivered a strong performance in Q1 2024, with better-than-expected margins and revenue growth.
The company faces challenges from new market dynamics and pilot negotiations but remains focused on strategic growth.
Opportunities lie in operational efficiency improvements, revenue initiatives, and market positioning for Frontier's future success.
Overall, Frontier's resilience, strategic planning, and cost-saving measures position it well for future growth and performance.

Frontier Group Holdings reports resilient Q3 performance amidst challenges

Frontier Group Holdings navigated through challenges in Q3, showcasing revenue growth, operational improvements, and strong partnerships. Despite headwinds, the company is focused on enhancing RASM, expanding capacity, and driving incremental revenue through premium products and partnerships.

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Frontier Group Holdings, Inc. engages in the provision of air transportation. The company was founded on September 2013 and is headquartered in Denver, CO.

JetBlue Airways

Spirit Airlines

Shareholders of the low-cost airline are to vote on whether to merger with Frontier on Thursday.

Spirit Is Sticking With Frontier, Even After New Offer From JetBlue

(Reuters) -Spirit Airlines Inc on Tuesday rejected JetBlue Airways Corp's sweetened takeover offer and recommended that shareholders vote in favor of a merger with Frontier Group Holdings Inc at a meeting on Thursday.

Spirit Airlines rejects JetBlue offer, backs merger with Frontier Group

Shares of Spirit Airlines Inc. SAVE, +2.78% rallied 3.0% in morning trading Tuesday, after the discount air carrier responded to JetBlue Airways Corp.'s JBLU, +2.65% increased, unsolicited buyout bid by saying it was sticking to its merger agreement with Frontier Group Holdings Inc. ULCC, +3.74% , the parent of Frontier Airlines. "The latest offer from JetBlue does nothing to address our Board's serious concerns that a combination with them would not receive regulatory approval," Spirit Chief Executive Ted Christie said.

Spirit says it's sticking with Frontier merger deal, as JetBlue's increased bid was still too low

MIRAMAR, Fla.--(BUSINESS WIRE)--Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today reaffirmed its commitment to its merger agreement with Frontier Group Holdings Inc. (“Frontier”) (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., and commented on the most recent revised offer from JetBlue Airways Corporation ("JetBlue") (NASDAQ: JBLU) received on June 27, 2022. Ted Christie, President and CEO of Spirit, said, “The latest offer from JetBlue does nothing to address our

Spirit Airlines Reaffirms Commitment to Merger with Frontier

Frontier Airlines parent Frontier Group Holdings Inc. ULCC, -11.20% issued a statement Tuesday to "set the record straight" about JetBlue Airways Corp.'s JBLU, +1.62% comments regarding antitrust concerns that would be raised if it acquired Spirit Airlines Inc. SAVE, -7.95% The statement comes after JetBlue increased its bid to buy Spirit late Monday, as the air carrier tried to break up the merger deal between Frontier and Spirit, which was also sweetened late Friday. Frontier noted that JetBlue has said recently that Spirit was "hiding behind 'false' and 'misleading' antitrust concerns to deny JetBlue's buyout attempt.

Frontier calls out JetBlue for 'not telling the truth' about antitrust concerns if it were to buy Spirit

JetBlue's “Less Seats, Higher Prices” Acquisition Is a Dead End

Setting the Record Straight on JetBlue's Antitrust Arguments

JetBlue Modifies Superior Offer After Consultation with Shareholders.

Jetblue punches back at Frontier

Frontier Group Holdings Chief Executive Barry Biffle said on Monday the company's revised offer for Spirit Airlines Inc will be enough to secure a merger deal with the ultra-low-cost carrier.

Frontier Group sees a deal with Spirit Airlines after revised offer

Frontier Group Holdings Inc.'s sweetened deal for Spirit Airlines Inc. got a nod from Institutional Shareholder Services Inc., one of the two largest independent services meant to advise investors on important shareholder votes.

Spirit shareholders should vote for Frontier offer, proxy adviser recommends

After a drawn-out  takeover battle , Spirit Airlines Incorporated (NYSE:SAVE) just announced that it plans on accepting Frontier Group's (ULCC) improved cash-and-stock bid worth $2.7 billion, with a shareholder vote slated to take place on Thursday.

Spirit Airlines Plans to Accept Frontier's $2.7 Billion Bid

Frontier Airlines parent Frontier Group Holdings Inc. ULCC, +6.57% issued a letter to Spirit Airlines Inc. SAVE, +2.90% shareholders, urging them to support the air carriers' agreed upon merger deal. In the letter, Frontier Chairman William Franke and Chief Executive Barry Biffle say the recently amended Frontier-Spirit deal offers Spirit shareholders value "well in excess" of JetBlue Airways Corp.'s JBLU, +5.77% "illusory proposal, which lacks any realistic likelihood of obtaining regulatory approval.

Frontier appeals to Spirit shareholders to vote for merger, reject JetBlue's 'illusory proposal'

Leading Proxy Advisory Firms ISS and Glass Lewis Recognize Superior Long-Term Value and Upside Potential of the Frontier-Spirit Combination

Frontier Airlines Issues Open Letter to Spirit Airlines Stockholders Highlighting Greater Value and Clearer Pathway to Close Than JetBlue Proposal

ISS Concludes Current Offer from Frontier is Preferable for Spirit Stockholders and Recognizes JetBlue's All-Cash Offer Limits Potential Upside With Favorable Recommendation from Glass Lewis & Co., Both Independent Proxy Advisory Firms Now Recommend FOR the Merger of Spirit and Frontier Spirit Board of Directors Continues to Unanimously Recommend Stockholders Vote FOR the Merger with Frontier on the WHITE Proxy Card  Special Meeting of Spirit Stockholders to be Held on June 30, 2022 For More Information, Stockholders Can Visit www.votespiritfrontier.com   MIRAMAR, Fla. , June 26, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today announced that leading independent proxy advisory firm Institutional Shareholder Services ("ISS") recommends Spirit stockholders vote FOR the merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc. This recommendation follows a June 3 report from Glass, Lewis & Co., another leading independent proxy advisory firm, also recommending that stockholders vote FOR the proposed merger.

ISS Recommends that Spirit Airlines Stockholders Vote FOR the Amended Merger Agreement with Frontier

Frontier Group's sweetened offer to buy Spirit Airlines has won over support from the shareholder advisory firm ISS, reversing an earlier decision.

Spirit shareholders urged to vote for sweetened Frontier offer

Frontier Airlines has a lower overall bid compared to JetBlue. Pre-payment offered by Frontier Airlines is superior to JetBlue's pre-payment offer.

Frontier Takes Top Spot To Acquire Spirit Airlines

Proxy advisory firm Institutional Shareholder Services Inc (ISS) has urged shareholders of Spirit Airlines Inc to vote for a proposed merger with Frontier Group Holdings Inc.

ISS urges Spirit shareholders to vote for Frontier offer

Here's what you need to know about Frontier's offer.

Spirit Airlines Sticks With Frontier Deal After Sweetened Offer

Frontier Group Holdings Inc. has upped the deal to snap up Spirit Airlines Inc. as the two ultra-low-cost airlines try to elbow JetBlue Airways Corp. out of their merger amid a surge in air travel this summer and rising ticket prices.

Frontier sweetens its deal for Spirit Airlines

Frontier Airlines sweetened its offer to combine with fellow budget carrier Spirit Airlines.

Frontier sweetens offer for Spirit Airlines merger as shareholder vote looms

Spirit Airlines Inc said on Friday that Frontier Group Holdings had raised its cash offer by $2 per share to buy the airline, according to a regulatory filing https://www.sec.gov/Archives/edgar/data/0001498710/000149871022000264/save-20220624.htm.

Frontier raises offer to buy Spirit Airlines by $2 per share

MIRAMAR, Fla.--(BUSINESS WIRE)--Spirit Airlines, Inc. (“Spirit” or the “Company”) (NYSE: SAVE) today announced the signing of a second amendment (the “Amended Agreement”) to its previously announced merger agreement with Frontier Group Holdings, Inc. (“Frontier”) (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., dated February 5, 2022. Based on the improved terms offered by Frontier, the Spirit Airlines Board of Directors reiterates its unanimous recommendation that Spirit stockholders

Spirit Airlines Announces Amended Merger Agreement with Frontier, Including Increased Per-Share Cash Consideration and $350 Million Reverse Termination Fee

JetBlue upped its offer for Spirit Airlines again Monday. This time, the airline is offering $33.50 in cash per share, up from its prior offer of $31.50.

The race for Spirit Airlines: JetBlue, Frontier jockey for win

JetBlue recently sweetened its offer for Spirit to include a $350 million reverse break-up fee.

Spirit Airlines says it will decide on competing JetBlue, Frontier bids before the end of June

Spirit Airlines Inc. SAVE, -4.67% said Tuesday it continues to be bound to its merger agreement with Frontier Group Holdings Inc. ULCC, -7.26% , which it views as a superior proposal to a rival June 6 offer from JetBlue Airways Corp. JBLU, -11.43% . Spirit Airlines CEO Ted Christie said the carrier is giving access to the same due diligence information to both Frontier and JetBlue, on the same terms.

Spirit Airlines continues to see Frontier offer as superior to JetBlue, with shareholder vote on June 30

Board Conducting Thorough Process Focused on Value and Certainty; Will Provide Update to Stockholders Ahead of Scheduled June 30 Vote MIRAMAR, Fla. , June 14, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today issued the following update regarding its ongoing discussions with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., and JetBlue Airways Corporation ("JetBlue") (NASDAQ: JBLU): Ted Christie, President and CEO of Spirit, said, "Consistent with its fiduciary duties, Spirit's Board of Directors is engaging in discussions with JetBlue with respect to the proposal received on June 6, 2022 and is also continuing to work with Frontier under the terms of the existing merger agreement between Spirit and Frontier.

News for Frontier Group Holdings Stock (ULCC)